Sinkang Industries Co., Ltd. Logo

Sinkang Industries Co., Ltd.

2032.TW

(1.2)
Stock Price

14,95 TWD

2.11% ROA

2.44% ROE

53.1x PER

Market Cap.

2.166.665.183,00 TWD

1.85% DER

0% Yield

1.43% NPM

Sinkang Industries Co., Ltd. Stock Analysis

Sinkang Industries Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Sinkang Industries Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

2 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

3 PBV

The stock's PBV ratio (1.22x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 ROE

Negative ROE (-0.06%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-0.05%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-36.436) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Sinkang Industries Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Sinkang Industries Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Sinkang Industries Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Sinkang Industries Co., Ltd. Revenue
Year Revenue Growth
2009 3.861.629.000
2010 5.240.249.000 26.31%
2011 5.014.736.000 -4.5%
2012 4.175.241.000 -20.11%
2013 3.484.026.000 -19.84%
2014 3.482.717.000 -0.04%
2015 3.056.085.000 -13.96%
2016 2.836.616.000 -7.74%
2017 2.789.687.000 -1.68%
2018 3.067.403.000 9.05%
2019 2.844.436.000 -7.84%
2020 3.266.944.000 12.93%
2021 3.489.139.000 6.37%
2022 3.361.067.000 -3.81%
2023 2.899.244.000 -15.93%
2023 2.862.276.000 -1.29%
2024 2.929.392.000 2.29%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Sinkang Industries Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2009 0
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Sinkang Industries Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 38.507.000
2010 40.361.000 4.59%
2011 37.355.000 -8.05%
2012 39.033.000 4.3%
2013 38.218.000 -2.13%
2014 45.872.000 16.69%
2015 39.943.000 -14.84%
2016 44.103.000 9.43%
2017 36.911.000 -19.48%
2018 38.046.000 2.98%
2019 40.057.000 5.02%
2020 42.144.000 4.95%
2021 55.706.000 24.35%
2022 37.231.000 -49.62%
2023 36.636.000 -1.62%
2023 34.916.000 -4.93%
2024 42.916.000 18.64%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Sinkang Industries Co., Ltd. EBITDA
Year EBITDA Growth
2009 112.710.000
2010 195.132.000 42.24%
2011 43.000.000 -353.8%
2012 36.400.000 -18.13%
2013 78.467.000 53.61%
2014 106.513.000 26.33%
2015 66.091.000 -61.16%
2016 114.076.000 42.06%
2017 46.496.000 -145.35%
2018 41.265.000 -12.68%
2019 83.569.000 50.62%
2020 119.238.000 29.91%
2021 226.959.000 47.46%
2022 66.636.000 -240.6%
2023 88.332.000 24.56%
2023 3.867.000 -2184.25%
2024 83.168.000 95.35%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Sinkang Industries Co., Ltd. Gross Profit
Year Gross Profit Growth
2009 196.587.000
2010 283.556.000 30.67%
2011 102.747.000 -175.97%
2012 113.071.000 9.13%
2013 137.648.000 17.85%
2014 170.625.000 19.33%
2015 117.720.000 -44.94%
2016 189.503.000 37.88%
2017 117.896.000 -60.74%
2018 121.479.000 2.95%
2019 146.802.000 17.25%
2020 195.384.000 24.86%
2021 300.926.000 35.07%
2022 108.110.000 -178.35%
2023 126.836.000 14.76%
2023 43.418.000 -192.13%
2024 167.900.000 74.14%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Sinkang Industries Co., Ltd. Net Profit
Year Net Profit Growth
2009 62.504.000
2010 136.427.000 54.19%
2011 15.571.000 -776.16%
2012 10.584.000 -47.12%
2013 41.914.000 74.75%
2014 57.336.000 26.9%
2015 34.270.000 -67.31%
2016 73.339.000 53.27%
2017 15.264.000 -380.47%
2018 16.402.000 6.94%
2019 47.375.000 65.38%
2020 75.993.000 37.66%
2021 166.927.000 54.48%
2022 38.216.000 -336.8%
2023 33.168.000 -15.22%
2023 -20.810.000 259.38%
2024 97.844.000 121.27%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Sinkang Industries Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 0
2010 1 100%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 100%
2022 0 0%
2023 0 0%
2023 0 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Sinkang Industries Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2009 -34.870.000
2010 -121.133.000 71.21%
2011 177.075.000 168.41%
2012 324.474.000 45.43%
2013 255.441.000 -27.03%
2014 -39.336.000 749.38%
2015 327.046.000 112.03%
2016 -91.447.000 457.63%
2017 -57.106.000 -60.14%
2018 64.507.000 188.53%
2019 71.425.000 9.69%
2020 -103.264.000 169.17%
2021 52.616.000 296.26%
2022 256.562.000 79.49%
2023 -45.402.000 665.09%
2023 83.859.000 154.14%
2024 -49.481.000 269.48%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Sinkang Industries Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2009 -30.753.000
2010 -113.325.000 72.86%
2011 233.680.000 148.5%
2012 345.583.000 32.38%
2013 306.802.000 -12.64%
2014 -37.807.000 911.5%
2015 352.127.000 110.74%
2016 -78.344.000 549.46%
2017 -51.721.000 -51.47%
2018 73.931.000 169.96%
2019 96.175.000 23.13%
2020 -102.772.000 193.58%
2021 56.439.000 282.09%
2022 256.562.000 78%
2023 -44.973.000 670.48%
2023 84.860.000 153%
2024 -45.671.000 285.81%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Sinkang Industries Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2009 4.117.000
2010 7.808.000 47.27%
2011 56.605.000 86.21%
2012 21.109.000 -168.16%
2013 51.361.000 58.9%
2014 1.529.000 -3259.12%
2015 25.081.000 93.9%
2016 13.103.000 -91.41%
2017 5.385.000 -143.32%
2018 9.424.000 42.86%
2019 24.750.000 61.92%
2020 492.000 -4930.49%
2021 3.823.000 87.13%
2022 0 0%
2023 429.000 100%
2023 1.001.000 57.14%
2024 3.810.000 73.73%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Sinkang Industries Co., Ltd. Equity
Year Equity Growth
2009 1.582.658.000
2010 1.693.689.000 6.56%
2011 1.655.700.000 -2.29%
2012 1.653.252.000 -0.15%
2013 1.666.373.000 0.79%
2014 1.627.269.000 -2.4%
2015 1.623.649.000 -0.22%
2016 1.673.436.000 2.98%
2017 1.635.986.000 -2.29%
2018 1.639.098.000 0.19%
2019 1.673.908.000 2.08%
2020 1.708.979.000 2.05%
2021 1.812.178.000 5.69%
2022 1.704.167.000 -6.34%
2023 1.656.249.000 -2.89%
2023 1.665.894.000 0.58%
2024 1.697.399.000 1.86%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Sinkang Industries Co., Ltd. Assets
Year Assets Growth
2009 2.479.131.000
2010 2.716.509.000 8.74%
2011 2.508.052.000 -8.31%
2012 2.245.780.000 -11.68%
2013 2.048.209.000 -9.65%
2014 2.061.439.000 0.64%
2015 2.027.537.000 -1.67%
2016 2.019.756.000 -0.39%
2017 2.004.545.000 -0.76%
2018 1.968.529.000 -1.83%
2019 1.997.046.000 1.43%
2020 2.076.932.000 3.85%
2021 2.237.882.000 7.19%
2022 1.923.936.000 -16.32%
2023 1.887.544.000 -1.93%
2023 1.897.801.000 0.54%
2024 1.931.003.000 1.72%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Sinkang Industries Co., Ltd. Liabilities
Year Liabilities Growth
2009 896.473.000
2010 1.022.820.000 12.35%
2011 852.352.000 -20%
2012 592.528.000 -43.85%
2013 381.836.000 -55.18%
2014 434.170.000 12.05%
2015 403.888.000 -7.5%
2016 346.320.000 -16.62%
2017 368.559.000 6.03%
2018 329.431.000 -11.88%
2019 323.138.000 -1.95%
2020 367.953.000 12.18%
2021 425.704.000 13.57%
2022 219.769.000 -93.71%
2023 231.295.000 4.98%
2023 231.907.000 0.26%
2024 233.604.000 0.73%

Sinkang Industries Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
21.8
Net Income per Share
0.31
Price to Earning Ratio
53.1x
Price To Sales Ratio
0.76x
POCF Ratio
-75.82
PFCF Ratio
-65.47
Price to Book Ratio
1.28
EV to Sales
0.71
EV Over EBITDA
31.04
EV to Operating CashFlow
-71.13
EV to FreeCashFlow
-61.42
Earnings Yield
0.02
FreeCashFlow Yield
-0.02
Market Cap
2,17 Bil.
Enterprise Value
2,03 Bil.
Graham Number
9.56
Graham NetNet
4.25

Income Statement Metrics

Net Income per Share
0.31
Income Quality
-0.67
ROE
0.02
Return On Assets
0.02
Return On Capital Employed
0.03
Net Income per EBT
1.06
EBT Per Ebit
0.81
Ebit per Revenue
0.02
Effective Tax Rate
0.15

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.04
Operating Profit Margin
0.02
Pretax Profit Margin
0.01
Net Profit Margin
0.01

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0.64
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.22
Free CashFlow per Share
-0.25
Capex to Operating CashFlow
-0.16
Capex to Revenue
0
Capex to Depreciation
0.25
Return on Invested Capital
0.02
Return on Tangible Assets
0.02
Days Sales Outstanding
78.6
Days Payables Outstanding
2.19
Days of Inventory on Hand
43.76
Receivables Turnover
4.64
Payables Turnover
166.89
Inventory Turnover
8.34
Capex per Share
0.03

Balance Sheet

Cash per Share
1,27
Book Value per Share
13,00
Tangible Book Value per Share
13
Shareholders Equity per Share
13
Interest Debt per Share
0.24
Debt to Equity
0.02
Debt to Assets
0.02
Net Debt to EBITDA
-2.05
Current Ratio
13.17
Tangible Asset Value
1,70 Bil.
Net Current Asset Value
0,88 Bil.
Invested Capital
1562170000
Working Capital
1,03 Bil.
Intangibles to Total Assets
0
Average Receivables
0,61 Bil.
Average Payables
0,02 Bil.
Average Inventory
301434000
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Sinkang Industries Co., Ltd. Dividends
Year Dividends Growth
2000 1
2001 1 0%
2002 1 0%
2003 1 100%
2004 1 0%
2005 2 100%
2007 0 0%
2008 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2014 1 0%
2015 0 0%
2016 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 1 100%
2023 0 0%

Sinkang Industries Co., Ltd. Profile

About Sinkang Industries Co., Ltd.

Sinkang Industries Co., Ltd. manufactures, processes, and sells stainless steel in Taiwan and internationally. The company primarily offers SUS 300 and 400 series stainless steel. Its products are principally used in the construction and decoration, kitchen and dining cutlery, and household electrical appliances, as well as in the petrochemical, food processing, transportation equipment, electrical machinery, office equipment, and other processing industries. Sinkang Industries Co., Ltd. was founded in 1971 and is based in New Taipei City, Taiwan.

CEO
Chi Tsai Hsi
Employee
185
Address
No. 8, Dah An Road
New Taipei City, 242065

Sinkang Industries Co., Ltd. Executives & BODs

Sinkang Industries Co., Ltd. Executives & BODs
# Name Age
1 Chi Tsai Hsi
Chairman and General Manager
70

Sinkang Industries Co., Ltd. Competitors